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1. Revenue collection up 27pc in Feb
(Highlights/Business News)
... of this fiscal year, the revenue collection grew by 13pc to Rs1.519tr from Rs1.341tr during the same period of 2013-14. The Federal Board of Revenue (FBR) now has to collect Rs1.17tr in the next four ...
Saturday, 28 February 2015
2. Corporates flush with cash
(Highlights/Business News)
... nt fiscal year (July to mid-September) revealed that the private sector had retired debt instead of borrowing; the net borrowing by the sector during the period was negative Rs74bn. Professor  ...
Friday, 10 October 2014
Monday, 02 June 2014
4. Sugar millers make out case for exports
(Highlights/Business News)
...  in the same period last fiscal. Production of juices, syrups and squashes jumped to 178m litres in the nine-month period from 157m litres from a year earlier. Pakistan also imported sugar in Ju ...
Monday, 02 June 2014
5. C/A deficit rises to $2bn
(Highlights/Business News)
... the end March rose to $2.173 billion, much higher than $1.2bn noted during the same period last year. The trend could create problems as government has been borrowing from international market to meet ...
Friday, 18 April 2014
6. Sindh announces sales tax amnesty
(Highlights/Business News)
... as the case may be, for the relevant tax periods through e-filing in the prescribed manner by May 9, 2014. The SRB sources said that the need for announcing tax amnesty scheme was necessitated from ...
Friday, 18 April 2014
7. Credit cards business declining: State Bank
(Highlights/Business News)
... ecember period of 2012. Further, in the composition of total e-banking transactions, ATM has the highest share of 63.3pc in Volume and 7.6pc share in value of transactions. Real-time online ...
Saturday, 12 April 2014
8. Food companies add value to exports
(Highlights/Business News)
... n over this period, resulting in a food trade surplus of $420 million. This surplus has emerged due to many factors. Most noteworthy are the increase in average export prices of rice, fruits and vegetable ...
Monday, 07 April 2014
... ing the shutdown was illegal as it was declared without a statutory two-week notice period. The two factories employ around 6,400 people and produce about 310,000 autos annually in a range o ...
Monday, 24 March 2014
... from India. At the same time, currently only 137 items are importable from India via Wagah border. The source said that India has offered to lower its duties to 7.5pc in a period of six months after ...
Tuesday, 18 March 2014
11. LSM grows 2.5pc
(Highlights/Business News)
...  100pc and storage batteries 15.87pc during the period under review over the same month last year. The growth was witnessed in case of food, beverages and tobacco. The sector has adjusted weightag ...
Tuesday, 18 March 2014
... hit all-time high at Rs112 two months back for a brief period. Pakistan Refinery Limited (PRL) Managing Director Aftab Husain sees greater impact on domestic oil prices as exchange rate is directly ...
Wednesday, 12 March 2014
13. Car sales grow by 3.5pc
(Highlights/Business News)
KARACHI: Overall sales of locally produced cars grew by 3.5 per cent in July-February 2013-2014 as compared to same period last fiscal. Increase in car sales was backed by continuous growth in ...
Tuesday, 11 March 2014
14. Trade deficit shrinks to $12.5bn
(Highlights/Business News)
...  in imports. In absolute terms, the trade deficit fell to $12.542 billion in July-Feb 2013-14 from $13.187bn over the corresponding period last year, showed Pakistan Bureau of Statistics (PBS) dat ...
Tuesday, 11 March 2014
15. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
Friday, 28 February 2014
... arding the dispatch of a summary of his removal by the Cabinet Division. He further said that he had travelled to Switzerland during the period of August 2012 to February 2013 in order to see his  ...
Thursday, 27 February 2014
17.
(Highlights/Business News)
... sioning charges declined from Rs50 billion to Rs36 billion during this period.  ...
Monday, 24 February 2014
18. Pakistan forex reserves rise to $7.994bn
(Highlights/Business News)
... abroad rose 9.46 per cent to $7.8 billion in July-December, the first half of the 2013/14 fiscal year, from $7.11 billion in the same period last year. The fiscal year runs from July to June.  ...
Saturday, 22 February 2014
19. Car sales inch up
(Highlights/Business News)
Wednesday, 12 February 2014
20. Remittances rise
(Highlights/Business News)
KARACHI: Overseas Pakistanis remitted $9,033.41 million in the first seven months (July-January) of the current fiscal year, a growth of 10.08 per cent compared with $8206.34m in the same period ...
Wednesday, 12 February 2014
21. Accord today for $900m ADB assistance
(Highlights/Business News)
Wednesday, 12 February 2014
22. Pakistan economy improving: IMF
(Highlights/Business News)
... nearly $5 billion that Islamabad still owes. As part of that agreement, the IMF conducts periodic reviews in order for its executive board to approve installments of $550 million spread out over three ...
Monday, 10 February 2014
23. Radical change in export regime to Kabul
(Highlights/Business News)
...  in complete contrast to a decision of the Economic Coordination Committee (ECC), which allowed exporters a two-month period for switching over to normal trading regime. The change in the export regime ...
Thursday, 06 February 2014
24.
(Highlights/Business News)
... l and July this year. The lease period will be eight years and the aircraft should have been manufactured in 2010 or later, which means the leased aircraft will be three to four years old. Und ...
Thursday, 06 February 2014
25. Grappling with food inflation
(Highlights/Business News)
Monday, 27 January 2014
26. Specialising in hydropower technology
(Highlights/Business News)
... loped a skilled workforce over a period of decades, which is indeed a reservoir of knowledge, competence and expertise, successfully developing and operating large, medium and small hydropower  ...
Monday, 27 January 2014
27. Repatriation of dollars exceeds inflows
(Highlights/Business News)
... on foreign investment during the first six months of the current fiscal year was worth over $579 million while net foreign direct investment during the same period stood at $416m, according to a latest ...
Monday, 27 January 2014
28. State Bank leaves policy rate unchanged
(Highlights/Business News)
... first five months of the current fiscal year, private businesses have borrowed Rs161bn, of which Rs38bn is for fixed investment, compared to Rs16bn in the corresponding period of last year. Subst ...
Monday, 20 January 2014
29. Rs69bn gap in July-Dec revenue.
(Highlights/Business News)
ISLAMABAD: As against a revenue collection target of Rs1,100 billion set by the Federal Board of Revenue for July-December period, Rs1,031bn could be collected, reflecting a gap of Rs69bn. Since ...
Thursday, 09 January 2014
30. Govt back to square one
(Highlights/Business News)
... ese five months, the recoveries dropped to a paltry 80.20 per cent and the remaining 19.80 per cent going into default. During the period, the sector issued bills of Rs447.40 billion, but could rec ...
Monday, 06 January 2014

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